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Maryland SREC Values Increase Due to New RPS Law

Thread starter Hoca
Start date Dec 14, 2023

Hoca

Administrator

Staff member

Dec 14, 2023

On May 30th, Senate Bill No. 65 (SB 65) went into law, which revised Maryland’s renewable energy portfolio standard (RPS). The bill increased the solar alternative compliance payment (SACP) which utilities must pay when they do not meet RPS requirements but decreased the percentage of energy that utilities must procure from Tier I renewable resources […]

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